As the Greek crisis painfully illustrates, a structural-adjustment program to enhance long-term debt sustainability can work only if the country takes ownership of it. The immediate sticking point for Greece is its unwillingness to make its pension system sustainable in a credible way – but this i
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Kenneth Rogoff
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more